Stocks.. DXJ…we’ll be looking to add this to our Risk portfolio if we see a close over 48.25 today. Bonds 30 yr. Bonds…although we saw a little rally from the expected bounce area yesterday into last night, it has not … Continue reading
Stocks.. SSO…94.16-25 is the matching resistance area. Nikkei…14,615 has the potential to stall out the Japan rally for today. Maintaining above 14,300 on breaks keeps this Index on positive footing. DXJ…will be up this A.M. 48 is resistance and the … Continue reading
Stocks.. SSO…92.30 is support and the closing downside pivot. Spu’s…are presently stuck between 1750 and 1764 Bonds Bund…141.46 is daily support and the short term downside pivot FX… AUD/USD…needs a close over 95.50 for higher. EUR/AUD…weekly sell stops are @ … Continue reading
Stocks.. TBT…closing over 76.60 will lead to another leg up. Spu’s…need to sustain above 1762-4 for higher. Spu/Bond…is trading at the level it broke from in 2007, the same level that precipitated the 90 point sell off last month. Bonds … Continue reading
Stocks.. TBT…we’ve lowered our sell order again. Any print in the 30 Yr. Futures today into the 133. teens ( 19,18,17) take some money off the table in this trade! Bonds 30 yr. Futures…the levels remain the same, 134.02 then … Continue reading
Stocks.. Spu’s & Nasd both avoided ORL Patterns. I view this more as a function of the establishment, Long Only Crowd, painting the tape to keep the chart pattern alive. TBT…put in an ORH day with a close over 73.04. … Continue reading
Stocks.. Bonds 30 yr.…still needs to sustain under 134.26.27 for a point lower. The major qrtrly support and closing downside pivot is 133.12-17. FX… AUD/USD…is weak. Aussie could stop right in here on the Point & Figure chart or go … Continue reading
Stocks.. GOOG…the next upside tgt is 1050 ish. NFLX…closing above 336 is price positive. Bonds FX… AUD/JPY…94.02 is the upside pivot. AUD/USD…needs sustained price action above 96.45-53 and a close above 96.75 to negate yesterday’s chart pattern GBP/USD…as long … Continue reading
Stocks.. Spu’s…the first set of sell stops are under 1735. Closing under 1730 will have us looking for a break. Bonds 30 yr…by holding 135 look for the Bonds to move up to test 135.27 next. Bunds…140.87 is the next … Continue reading
Raise the trailing Goldman Sachs sell stop to 157.90 Close. AUD/USD…97.55 is the 200 day mvg avg and natural resistance. Currencies are rallying on the crosses vs short the Yen. I wouldn’t chase anything. EWW…needs a close over 66.20 to … Continue reading